KUALA LUMPUR: Nestle (M) Bhd has appointed Syed Saiful Islam as chief financial officer (CFO), effective Aug 1, 2022, succeeding Craig Connolly.

       Connolly will be taking on a new role as global head of financial services based in Vevey, Switzerland.

       ALSO READ: Nestle sees growth in plant-based food

       “On behalf of the board, I would like to congratulate Connolly on his new appointment and thank him for his support and contributions to Nestlé Malaysia. With his wide breadth of knowledge and expertise, Connolly has been an excellent co-pilot helping to successfully steer the company through a set of very demanding years,” chief executive officer Juan Aranols said in a statement.

       Syed joined Nestlé Bangladesh in 1999 as a financial accounting manager before taking on various financial roles within Nestlé India from year 2000 to 2005.

       ALSO READ: Nestle turns in higher net profit in first quarter

       Subsequently, he was appointed as corporate controller of Nestlé Bangladesh in 2006 before transitioning to country controller in the same year.

       Since 2010, he has helmed several leadership roles within Nestlé, including vice president of finance & control of Nestlé Sri Lanka, head of finance & control of Nestlé Nigeria and his current role as head of finance & control of Nestlé Pakistan since 2018.